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2013 DIGILAW 37 (SC)

Sahara India Real Estate Corporation Limited v. Securities and Exchange Board of India

2013-01-08

JAGDISH SINGH KHEHAR, K.S.P.RADHAKRISHNAN

body2013
Judgment : 1. Delay condoned. We have carefully gone through the grounds raised in the review petitions filed by the appellants. We find none of the grounds mentioned in Order 47 Rule 1 of the Code of Civil Procedure read with Order 40 of the Supreme Court Rules, 1966 has been made out for review of our judgment. We also do not find any inconsistency in the views expressed by both of us. (Sahara India Real Estate Corpn. Ltd. V. SEBI, (2013) 1 SCC 1 : (2013) 1 SCC(Civ) 1 : (2013) 1 SCC (Cri) 257). On the other hand, all the contentions, legally and factually, raised by the appellants were examined, addressed and answered on all possible angles and dimensions. 2. Applications are stated to have been filed for placing new facts and documents on record for which the ingredients mentioned in Order 47 Rule (1)(c) have also not been satisfied. Even otherwise, all the records placed before us were meticulously examined and dealt with. 3. Review petitions are, therefore, not entertained and, accordingly, stand dismissed. As a sequel to this, applications seeking permission for open court listing, intervention and directions/stay also stand dismissed. 4. These review petitions have been filed by an Association and Others claiming that they are representing investors. The petitioners were not parties to the appeals. The applicants, in our view, have no locus standi to move these review petitions. Further, no ground mentioned in Order 47 Rule 1 of the Code of Civil Procedure read with Order 40 of the Supreme Court Rules, 1966 have been made out calling for review of our judgment. 5. Hence, the applications and the review petitions are dismissed.